Friday, May 11, 2018

Hospitality News For The Week Of 5/11/18

Consumers spend $5.2 billion annually in fraudulent and misleading hotel booking transactions

The American Hotel & Lodging Association (AHLA) has published the results of a new survey conducted with Morning Consult which reports 23 percent of consumers have been mislead by third-party travel resellers. This has resulted in 28.5 million hotel stays being impacted and $5.2 billion in fraudulent hotel bookings during 2017, according to the study of 2,201 adults conducted online February 26-28, 2018. The AHLA is urging consumers to be cautious because 39 percent of travelers report they book hotel stays through third-party websites.Full Story Here:

Travel Trends Index: International Sector Powers Strong Overall Finish to Q1

According to the U.S. Travel Association’s Travel Trends Index (TTI), travel within and to the United States rose by 3.4 percent year-over-year in March. Growth in international inbound travel lead the way with an impressive 11 percent surge in international visitors in March 2018. Domestic travel grew at a more modest level of 2.6 percent for the month. The TTI is projecting overall U.S. travel to rise by 2.2 percent through September 2018. During that period the international sector is forecast to grow by three percent. Full Story Here:

Study: U.S. Vacation Days Hit a Seven-Year Peak

New research published by Project: Time Off has found U.S. workers are increasing their usage of vacation days. According to the study, 17.2 vacation days on average were taken per worker in the U.S. during 2017. This amounts to an increase of nearly half a day (0.4 days) over 2016. Vacation usage is at its highest level since 2010, when it was at 17.5 days of vacation taken per worker, on average. Full Story Here:

STR: US hotel results for week ending 5 May

STR has reported that the U.S. hotel industry posted positive performance figures for the week of 29 April through 5 May 2018. Compared to the same period last year, industry-wide occupancy was +0.5 percent higher at 68.2 percent for the week. Average daily rate rose by +2.7 percent to end the week at $130.14. Revenue per available room was up +3.3 percent, finishing the week at $88.77. Full Story Here:

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